---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-23-000148"
form_type: "8-K"
ticker: "BHIC"
cik: "0001784440"
company_name: "BioScience Health Innovations, Inc."
filed_at: "2023-02-17T23:59:59+00:00"
generated_at: "2026-06-19T08:08:54.752352+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Nowtransit to issue 85.39% stake for Best Labs acquisition in share exchange

## Summary
- Nowtransit acquires Best Labs via share exchange; Best shareholders receive 34.37M shares (85.39% post-exchange) for 100% of Best.
- Justin Earl resigns as CEO; Darren Lopez (Best CEO) becomes CEO of combined company.
- Justin Earl remains on board; Darren Lopez and John Chymboryk appointed directors.
- Closing conditions include audited financials and Form 10 filing; target close by Feb 24, 2023.
- Best shareholders subject to 12-month lock-up and no registration for 12 months; shares restricted.

## SEC filing metadata
- accession: 0001185185-23-000148
- form_type: 8-K
- ticker: BHIC
- cik: 0001784440
- company_name: BioScience Health Innovations, Inc.
- filed_at: 2023-02-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1784440/000118518523000148/0001185185-23-000148-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1784440/000118518523000148/nowtransit20230217_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-23-000148
- JSON: https://secwatch.observer/filing/0001185185-23-000148.json
- Plain text: https://secwatch.observer/filing/0001185185-23-000148.txt

## Key facts
- Material Agreements
  BioScience Health Innovations, Inc. entered into Share Exchange Agreement with Best Labs, Inc. and its shareholders (effective 2023-02-13).
  - Action: entry
  - Agreement: merger
  - Counterparty: Best Labs, Inc. and its shareholders
  - Effective: 2023-02-13
  source text: On February 13, 2023, Nowtransit Inc, a Nevada corporation. (the “Company”) entered into a Share Exchange Agreement (the “Exchange Agreement”) with Best Labs, Inc., a Nevada corporation (“Best”) and the shareholders of Best signatory thereto
  evidence_url: https://www.sec.gov/Archives/edgar/data/1784440/000118518523000148/0001185185-23-000148-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.